Lockheed Martin - CSR Report Analysis
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Transcript of Lockheed Martin - CSR Report Analysis
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CSRReportCritique
AnkitaMayekar
CorinaBruni
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AGENDA
Introduction
Reporting Framework
Observations
Suggested Improvements Considerations
Conclusion
Reerences
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Introduction
Core Businesses
Aeronautics
Information systems & globalsolutions
Missile and fire control
Mission systems and training
Space systems
Revenue
> $4 billion in re!enue
"# of t%e total sales in '((came from arms sales
)argest client * +,S,Department of Defense-.#/0
1oreign and commercialsales -.(/0
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Introduction ! Cont"d
Sustainability Report
2esponsible gro3t%
rotecting en!ironment
Strengt%ening communities
Global 2eporting Initiati!e-G2I0
Goals5 energy conser!ation6pac7aging6 !olunteerism andinclusi!e 3or7place
Sustainability in #$%#
ndSustainability 2eporting
Establis%ed an 8ffice of9orporate
1ormed council of e:ecuti!eleaders
)aunc%ed Go Green ''initiati!e
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Reporting Framework&Assessment
Ac%ie!ed $/4 million in energy sa!ings in '(
No fully disclosure -NG IN0 Insufficient data measurement tec%niBuesEconomic
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Observations
Strengt's
(eaknesses
Stake'olders Assessment
Best )ractices
(orst )ractices
Relections
Improvements
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Observations & Strengt's
Inputs from !arious sta7e%olders
9lear performance indicators and results
9learly indicated t%e reporting frame3or7
Data a!ailability and t%e use of t%e data
2ecogniJe and %onor employees
*ong&term ocused
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Observations & (eaknesses
InadeBuate comparisons 3it% similar businesses
+nrecogniJed Green3as%ing K insufficientnegati!es
)ac7 input and feedbac7 from en!ironmental
ad!ocates
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Observations & Best )ractices
Emp%asiJe on applying and implementing bestpractices to impro!e sustainability and 3or7placeet%ics
S%are best practices t%roug% trade associations6
e!ents and internal 3ebsite
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Observations & (orst )ractices
2eduction of indirect energy consumption andreductions ac%ie!ed,
)ocation and siJe of land o3ned6 leased or managed
Descriptions of significant impacts of acti!ities6
products6 and ser!ices on biodi!ersity ercentage of operations 3it% implemented local
community engagement6 impact assessment andde!elopment programs,
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Suggested Improvements
9ompare 3it% ot%er companies & Eternal standards
alance t%e report 3it% positi!es and negati!es
Inform sta7e%olders of t%e specific material issues
E:ternal assurance*%ird party !erification
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Conclusion
It represents a step for3ard in recogniJing t%at en!ironment and %uman rig%ts
%a!e a 7ey role to play in designing a transformati!e sustainable de!elopmentagenda post*'(
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Reerences 2012 Sustainability Report, -'(0, 2etrie!ed 8ctober